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according to the what is blockchain? video case, blockchain-based bitcoin was seen as increasing the difficulty of doing what?

according to the what is blockchain? video case, blockchain-based bitcoin was seen as increasing the difficulty of doing what?

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according to the what is blockchain? video case, blockchain-based bitcoin was seen as increasing the difficulty of doing what? , Blockchain-based bitcoin was seen as increasing the difficulty of doing business due to the need for more expensive and specialized hardware. Bitcoin miners found that they needed to invest in increasingly expensive and specialized hardware to keep up with the competition. This made it difficult for small businesses and hobbyists to participate in mining.

according to the what is blockchain? video case, blockchain-based bitcoin was seen as increasing the difficulty of doing what?

according to the what is blockchain? video case, blockchain-based bitcoin was seen as increasing the difficulty of doing what?

Blockchain-based bitcoin was seen as increasing the difficulty of doing a double spend, or spending the same bitcoin twice. This is because each transaction is recorded on the blockchain, and attempting to spend the same bitcoin twice would require changing the blockchain, which is not possible without consensus from the network

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